Codexis (CDXS) Operating Expenses (2010 - 2026)

Codexis' Operating Expenses history runs 17 years deep, the most recent figure standing at $23.3 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 16.9% year-over-year to $23.3 million; the TTM figure through Mar 2026 stood at $107.4 million (down 8.16% YoY), while the FY2025 annual figure was $112.1 million, down 4.87% from the prior year.
• Operating Expenses was $23.3 million for Q1 2026 at Codexis, down from $28.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $45.1 million in Q3 2022 to a low of $23.3 million in Q1 2026.
• Historically, Operating Expenses has averaged $33.2 million across 5 years, with a median of $29.4 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 60.83% in 2022, then tumbled 39.76% in 2023.
• A 5-year view of Operating Expenses shows it stood at $43.6 million in 2022, then sank by 39.76% to $26.3 million in 2023, then gained by 9.59% to $28.8 million in 2024, then dropped by 1.55% to $28.4 million in 2025, then slipped by 17.86% to $23.3 million in 2026.
• The last three Operating Expenses figures came in at $23.3 million (Q1 2026), $28.4 million (Q4 2025), and $27.6 million (Q3 2025), per Business Quant data.